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Neutral Bill Mar 16, 2026

Maryland Money Transmission Act - Definition of Money Transmitter - Alteration

Altering, for a certain licensing requirement, the definition of "money transmitter" under the Maryland Money Transmission Act to exclude a certain person designated as an agent of a payor for the purpose of the agent's provision of payroll processing services under certain circumstances.

https://legiscan.com/MD/bill/HB118/2026
Pam Beidle State Senator Pam Queen Delegate
Licenses FINANCIAL INSTITUTIONS Salaries and Compensation Electronic Funds Transfer
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